The Arkansas Natural Resources Commission may provide financial assistance to a local government for water resources development projects under this subchapter without the requirement of execution of a cooperative agreement between the local government and the federal government if the commission determines that: (1) The water resources development project is of such a type or size that does not make cost sharing through a cooperative agreement efficient or effective; or (2) Current conditions make the funding of the water resources development project through a cooperative agreement between the federal government and local government within a reasonable time unlikely. Acts 2001, No. 1039, § 2. The Arkansas Natural Resources Commission may provide financial assistance to a local government for water resources development projects under this subchapter without the requirement of execution of a cooperative agreement between the local government and the federal government if the commission determines that: (1) The water resources development project is of such a type or size that does not make cost sharing through a cooperative agreement efficient or effective; or (2) Current conditions make the funding of the water resources development project through a cooperative agreement between the federal government and local government within a reasonable time unlikely. Acts 2001, No. 1039, § 2. The Arkansas Natural Resources Commission may provide financial assistance to a local government for water resources development projects under this subchapter without the requirement of execution of a cooperative agreement between the local government and the federal government if the commission determines that: (1) The water resources development project is of such a type or size that does not make cost sharing through a cooperative agreement efficient or effective; or (2) Current conditions make the funding of the water resources development project through a cooperative agreement between the federal government and local government within a reasonable time unlikely. Acts 2001, No. 1039, § 2. The Arkansas Natural Resources Commission may provide financial assistance to a local government for water resources development projects under this subchapter without the requirement of execution of a cooperative agreement between the local government and the federal government if the commission determines that: (1) The water resources development project is of such a type or size that does not make cost sharing through a cooperative agreement efficient or effective; or (2) Current conditions make the funding of the water resources development project through a cooperative agreement between the federal government and local government within a reasonable time unlikely. Acts 2001, No. 1039, § 2.
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